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Financial News: Portugal Consumer Confidence Highest In 11 Months

Portugal Consumer Confidence Highest In 11 Months

11/28/2019 - 06:50:00 (RTTNews)

(RTTNews) - Portugal's consumer confidence rose to the highest level in eleven months in November, data from Statistics Portugal showed on Thursday.

The consumer confidence index rose to -6.9 in November from -7.2 in October.

The latest confidence index was the highest since December last year, when the reading was -6.2.

The economic sentiment index remained unchanged at 2.1 in November.

The manufacturing confidence indicator fell to -4.4 in November from -4.2 in the previous month.

The construction sector morale decreased to -11.9 in November from -11.7 in the preceding month.

The index reflecting the morale in the trade sector increased to 2.2 in November and the confidence measure in the services sector improved to 11.4.

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